It’s been a while since I’ve posted the total listings for the Las Vegas MLS. The inventory is down to just under 25,000 homes but we still have almost a 2 year supply based on how many homes have sold in the past few months. It does seem like since the first of the year […]
Its hard to believe we are three quarters through the year! 2008 will be here before you know it! I’m posting a new chart to show the number of listings in the Las Vegas MLS as of today, click on the image to see the details.
I think there is some good news! In the past […]
This week I’ve decided to make a chart to show the different market segments based on price. (Click on the image to expand it and see the details) I was a bit shocked to find out that 80% of the homes for sales in the Las Vegas market are listed under $500,000. As of the […]
August of 2007 is going to be one to remember! The recent implosion of the mortgage industry has created serious repercussions here in the Vegas Market! I think we will see some scary numbers for the month. The inventory keeps climbing, in the past few weeks we are up an additional 705 properties to […]
I’ve been doing some homework for my interview on FOX5 Vegas in the morning and I’ve come up with some very interesting Stats that I don’t think are getting much attention in our market.
1. If you use the total amount of homes closed last month, July 2007, this equates into a 16 month supply when […]
Not much has changed in the past three week since I’ve posted the Vegas MLS stats other than “The Sky Has Fallen!” Or so it would seem if you pay attention to the local and national media. All of the changes in the lending world is going to have a HUGE impact on our market […]
The strangest thing has started to happen in my office! Many of the other agents here at Prudential Americana Group have started to post print-outs of their inventory in their office windows, some of them are getting so many listings that you can’t even see into their office. I guess this new “Realtor Wallpaper” trend […]
The Las Vegas Real Estate Market is amazing! It is always hard to make sure you are looking at the right information when you need to make a decision about the status of a specific market. Everyday there is some sort of bad news in the national press about the state of the downward trending […]
Greater Las Vegas Association of Realtor
This is the name of our local association, I thought I’d post the logo–I think it looks kind-a-cool!
The GLVAR is in charge of managing the local MLS, so here are the stats as of today, May 4, 2007.
The active listings for sale have increased by 172 homes to 24,300, nothing nicer than […]
THE SKY IS FALLING!!!!!!!!!!!!!!!
I hear it everywhere, every newspaper I read talks about how bad the Las Vegas Real Estate Market has been and it looks like the future will be even worse! Jump I Say! Drink the Kool-Aid and pass it around, the end is near. I think they are all crazy! However in the […]
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